Fedcom Credit Union

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A short history of Fedcom CU

Since its inception in 1925 the Fedcom Credit Union has been serving its members in the Grand Rapids, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Anna Marie Zielinski, the Fedcom CU has grown its membership to over 7,669 with assets of more than $66,146,060. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (616) 364-7283 or email them at memberservice@fedcomcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Grand Rapids, MI.

General Information For Fedcom CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62096
Address 150 Ann Street NW 
City Grand Rapids 
State Michigan 
Zip-Code 49505
Phone Number (616) 364-7283
Fax Number (616) 364-1167
Email Address: memberservice@fedcomcu.com
CEO/President Anna Marie Zielinski
Members 7,669 
Full-Time Employees 25 
Part-Time Employees
Number of Branch Offices
Total Assets 66,146,060 
Website http://www.fedcomcu.com 

Compare Fedcom Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Kent County CU South Branch 901 Gezon PKWY SW 49505 (616) 531-7865 No 1.29
Latvian Heritage CU Latvian Heritage Federal Credit Union Detroit Office 30623 W 12 Mile Rd 48334 (248) 477-5955 No 1.75
West Michigan CU Cadillac 215 Bell Ave 49601 (231) 775-0145 No 2.04
Aac CU Standale 177 Wilson Ave NW 49534 (616) 288-0288 No 2.42
Meijer CU Branch - Rockford 2745 10 Mile Rd NE Ste H 49341 (616) 784-7822 No 2.98

Fedcom Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Fedcom Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.39 3.94 5.98 3.94 3.83
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 370 267 441 132 82
Rank Among All Michigan Credit Unions 63 81 104 27 9

Fedcom Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.40 0.70 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 76 224 227
Rank Among All Michigan Credit Unions N/A 11 11 49 48
Fedcom Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.3901,0041,418,046
All Other Unsecured Loans/Lines of Credit 10.9509892,153,932
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.2701,3732,735,130
New Vehicle Loans 3.9402753,899,116
Used Vehicle Loans 5.9801,31813,034,976
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.940758,429,071
Total Other Real Estate Loans/Lines of Credit 3.8301403,061,934
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.05037610,189,445
TOTAL LOANS & LEASES 5,55044,921,650

Fedcom Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 202,864,01900
    b. 15 Years or less 433,145,1365613,400
    a. > 15 years 0000
    b. 15 Years or less 122,419,9162100,195
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 801,775,67514301,999
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 601,286,25921429,755
Open-End Fixed Rate 0000
TOTALS 21511,491,005421,445,349


Interest Only & Payment Option 1st Mortgage Loans 27639,3230
Interest Only & Payment Option Other RE/LOC Loans 27639,32386,287
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Fedcom Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes